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Future Mineral Resources Inc
Symbol FMR
Shares Issued 16,687,592
Close 2026-01-06 C$ 0.285
Market Cap C$ 4,755,964
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Future Mineral arranges $4.5-million private placement

2026-01-07 20:25 ET - News Release

Mr. Fred Leigh reports

FUTURE MINERAL ANNOUNCES $4.5M FINANCING

Future Mineral Resources Inc. (formerly Sulliden Mining Capital Inc.) intends to complete a best efforts non-brokered private placement financing of up to 15 million units at a price of 30 cents per unit for gross proceeds of up to $4.5-million. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of 35 cents for a period of 12 months from issuance.

Closing of the offering is expected to occur in early February, 2026. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day. Completion of the offering is subject to a number of conditions, including all approvals from the Toronto Stock Exchange. Finders' fees may be paid to eligible finders in accordance with the policies of the TSX consisting of a cash commission equal to up to 7 per cent of the gross proceeds raised under the offering and finders' warrants in an amount equal to up to 7 per cent of the number of units sold pursuant to the offering. Each finder's warrant will entitle the holder thereof to purchase one common share of the company at a price of 35 cents per share for a period of 12 months following the closing date of the offering. The company intends to use the net proceeds of the offering for general corporate purposes and to finance exploration expenditures on its properties.

About Future Mineral Resources Inc.

Future Mineral is a mining company focused on acquiring and advancing brownfield, development-stage and early-production-stage mining projects in the Americas, Australia, Africa and Europe.

We seek Safe Harbor.

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